Books Written By Timothy Sykes

profitly-review

The stock market can be an exciting game with high stakes. Some days, you may be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be very difficult to return to where you were your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on instinct and survival may not always be enough.

If you’ve been incurring losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your growth within the field. This review will take the time to look at Profit.ly A well-respected one-stop social platform for trading!

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For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.

Overall Rating: 4.1/5 Books Written By Timothy Sykes

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

Users Experience 4.5/5

Summary

Profit.ly can be described as an online platform for trading that allows traders of various levels to be informative, transparent, accountable, and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms and a rich library of educational material.

What exactly is Profit.ly?

Profit.ly is a site for trading that serves both as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.

Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.

One time , during an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The idea, he added, served two purposes: 1) keeping track of public data for not just the gurus as well as newsletter writers and students and secondly) allowing anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Books Written By Timothy Sykes

How Does It How Does It

Profit.ly is a subscription-based platform which allows stock traders to have access to a range of features and services aimed toward success. You can create an account at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.

Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not just a way to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the credibility of their assertions.

If you are unsure about the concept of leaking your brokerage account, you may decide to share your trades, either verified or otherwise, through pictures. Included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile, and more ways to communicate with your gurus through the chatroom along with email and text alerts as well as updates.

Books Written By Timothy Sykes

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Meet Tim Sykes, the founder: Tim Sykes

Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.

Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.

The Profit.ly Gurus

One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned substantial profits through their years of experience. Books Written By Timothy Sykes

At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru has to offer.

From Tim Sykes Tim Sykes

Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.

A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices, email, text, and push alerts; as well as a daily watchlist of stocks.

Tim Sykes: From Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released every week.

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In “Superman” Paul Scolardi: Superman Alerts

Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Books Written By Timothy Sykes

The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.

From “Superman” Paul Scolardi: Superman Pro

For $247 per month, you can enjoy additional features and access to the extensive knowledge base provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. Additionally you’ll also have access to premium research reports as well as the IPO or earnings monitor.

Profit.ly Programs and Costs

If you’re eager to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three levels are and what they will cost you.

Novice Plan

The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign up for this package you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.

Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make and, finally, see other’s stats.

The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your personal information public. If you do want to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.

The Trader Plan

The Trader plan allows users to benefit from a majority of features from the Novice plan. In this plan, that you can set up an account that is private to share with other associates all your insights and knowledge you gain from the trading community.

Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their skills in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ statistics, which might be a drawback for those eager to try this new tier. Books Written By Timothy Sykes

Pro Plan

This is by far the most luxurious package Profit.ly offers to experienced traders. With $74.95 per month, and 22% off for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the features from the two previous plans.

You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create a private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give you everything you need as trader with experience, the Pro tier could be for you!

Profit.ly’s Other Services

Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can provide. One of these is its online store, where customers can choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and other products by expert traders.

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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members there. One of them may be laid back and rarely engaged, while another could be more online and communicative with their students. Consider chatrooms as Profit.ly’s version of the forum, in the essence.

Who is the ideal trader to Profit.ly?

Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer it is certain to have something for all.

For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and their members. They’ll also be able choose from the items on its store online that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll realize that this is a risky game that should not be viewed as an opportunity to make fun of.

For traders who have many years of experience down the line, we see Profit.ly as equally as suitable to them as people who are just beginning. While novice traders may not be as well-equipped with managing trading, the pros already understand how it works and the stack full of risks associated with it. Ideally, they may use Profit.ly’s range of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits throughout the process.

Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Books Written By Timothy Sykes

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
  • You get to be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and trading in real-time.
  • You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
  • The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
  • Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
  • Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone

The Cons

  • Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
  • Since traders can choose to open any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
  • Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the many features the platform is able to provide

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The Final Verdict The Final Verdict: Is Profit.ly Worth It?

If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you should have an open mind. Books Written By Timothy Sykes

What we do mean”yes” is that it can be a great learning tool. Those who may be stuck might find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and perform better than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!

If you truly want to become better at trading and wish to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.

FAQ Books Written By Timothy Sykes

How do you use Profit.ly to publish your trades?

Profit.ly offers an entry section for trades within the “My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three choices:

  1. Linking your account with your brokerage of choice and then importing the trades from that directly
  2. Manually entering your trades into specified spaces and information.
  3. Upload a screenshot of your transactions

What can I do to determine whether the trade is authentic or not?

If you purchase your trade from a trusted brokerage, there is the likelihood that it can be verified. This is evident by the small blue check. If you post it manually or through images, it will be assigned as unverified.

The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.

Does the Profit.ly mobile application still available?

As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.

How many people are currently on Profit.ly?

Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market left and right.

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